rv and boat insuranceTime to hit the open road! Be it the parks with your RV or the lakes with your boat, make sure you’ve protected your vacation by protecting the equipment you use to have fun. RV and boat insurance can keep your vacation from being ruined by giving you that added peace of mind.

Here are the basics for each type of insurance coverage:

RV insurance

Some auto insurance companies do offer coverage options that include RVs and motor homes. However, not all policies protect RV owners adequately. A typical RV insurance policy should include:

  • Liability/medical payments. RV policies should cover the same liabilities as a typical auto policy. That includes uninsured/underinsured motorists, comprehensive and collision, roadside assistance, and liability and medical payments coverage.
  • Personal belongings. Unlike your car, you keep a lot more of your personal items in your RV. RV-specific policies cover what auto policies won’t – televisions, clothing, jewelry, and almost anything you take on vacation with you.
  • Location-specific liabilities. Parking in a campsite has its own special liabilities. If you damage the area, or if someone sustains an injury in front of your RV, you could be liable.
  • Loss-of-use. If your RV breaks down or is in an accident, you’re now out of a place to stay. Insurance will cover hotels and alternative transportation.

Boat insurance

Just because you’ve left land doesn’t mean you’ve left driving and safety regulations behind. Boat operation and ownership requires the same level of safety and commitment to following the rule of the “road” as operating an automobile.

That’s why many boat insurance policies resemble auto insurance policies in what they cover. A typical boat insurance policy covers:

  • Medical payments. This covers you and your passengers in the event of an accident that causes injury.
  • Liability. This covers any injuries and medical expenses sustained by another person or the loss of another’s boat in an accident.
  • Uninsured boater. As on land, not all boat operators have insurance. This coverage pays for injuries sustained by you or anyone on your boat should you have an accident with an uninsured boater.
  • Property. Covers repair or replacement of your boat due to accident or fire, theft, or vandalism.
  • Emergency services. If the boat needs towing or you run out of gas (it happens on boats, too) the policy often provides reimbursement.
  • Options. Policies offer additional optional coverage, including coverage for valuables, trailers, and boat accessories.

Do you have RV and boat insurance? More, have you ever needed to use it? We'd love to hear from you. 

Photo credit: morgueFile